Certain Excise Taxes. Notwithstanding anything to the contrary in this Agreement, the following provisions shall apply in the event of (i) a “change in the ownership or effective control” of the Company or (ii) a “change in the ownership of a substantial portion of the assets” of the Company, each within the meaning of section 280G of the Code (an “Excise Tax Event”):
Appears in 4 contracts
Samples: Employment Agreement (Forum Energy Technologies, Inc.), Employment Agreement (Forum Energy Technologies, Inc.), Employment Agreement (Forum Energy Technologies, Inc.)